1 - stresemann & the golden years Flashcards
Establishment & Development of Weimar Republic: 1919 - Jan 1933
currency introduced after hyperinflation of 1923
Rentenmark (equal to 1 billion old marks)
Dawes Plan (1924)
- international loan of 800 million gold marks financed by the USA as they were the least economically depleted after WW1
- new Rentenmark
- new Reichsbank set up under Allied supervision
- reparation payments to be paid annually over a longer period
social improvements of the Weimar Republic
- culture -> art, nightlife, entertainment, music, film, etc.
- women’s rights improved
- wider acceptance of LGBTQ+ through cabaret
political improvements of the Weimar Republic
- first German democratic party
- periods of stability under Stresemann
- foreign relations (eg. with USA) improved
economic improvements of the Weimar Republic
- certain borrowers were able to pay off debts
- pensions added under Stresemann
- Dawes Plan added some relief
social-economic improvements under Stresemann
- wages for workers ^
- eight-hour work day
- standard of living ^
- welfare benefits & pensions ^
social-economic problems under Stresemann
- farmworkers’ earnings = 1/2 national average (by 1929)
- still extremes of wealth & poverty
- wage disputes & strikes
- concern over cost of welfare system & level of taxation
Locarno Treaties (1925)
guaranteed Germany’s frontiers w/ France & Belgium, but not east
When did Germany join the League of Nations?
1926
When did the Allied Disarmament Commission withdraw from Germany?
January 1927
When did Allied troops withdraw from garrisons in the Rhineland?
August 1927
Young Plan (1929)
reduced reparations, & Britain and France agreed to evacuate the Rhineland by the end of June 1930
culture improvements under Stresemann
- architecture flourished
- painters formed New Objectivity Movement
- film industry grew & produced controversial films (eg. ‘All Quiet on the Western Front’)
- jazz = popular in nightclubs & bars
New Objectivity Movement
artists group created under Stresemann, including Otto Dix
failures of the Golden Years
- Republic did not win loyalty from either the left or right
- many scandalised by the culture (especially cabaret clubs)
- economy burdened by the war, cost of welfare, & reparations
- governments were short-lived (unstable coalitions)